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123 N Lena Street

Ridgway, CO 81432
  • $350,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 822840
New On Site 6 Days Ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 3,368
    SQFT
  • $104
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Listing courtesy of United Country Sneffels Realty: 970-626-3555.


Description

Looking for a thriving, turnkey restaurant for sale in Ridgway, Colorado? The iconic True Grit Caf is now available"a rare opportunity to own one of Ouray Countys longest-running and most beloved dining establishments. Operating continuously in the same prime location since 1985, this Western-themed restaurant is a local legend, drawing visitors year-round from Ridgway, Ouray, Telluride, Silverton, and beyond. Named in honor of the classic John Wayne film True Grit, which was famously filmed in the area, the caf blends Old West charm with modern comfort. The menu features a crowd-pleasing mix of Western comfort food favorites, including delicious steaks, elk burgers, chicken-fried steak, gourmet mac and cheese, fresh salads, hearty soups and chilis"and yes, even Rocky Mountain Oysters. The two-level dining space includes a warm, inviting interior with a towering stone fireplace and rustic wood-and-iron finishes, plus outdoor seating perfect for Ridgways sunny seasons. Designed specifically as a restaurant by artisan builder Ted Meows, the building offers a seamless layout with a well-equipped kitchen, walk-in coolers and freezers, generous storage, and dedicated staff areas. This sale includes everything: the business name, furnishings, commercial kitchen equipment, historic memorabilia, menus, future bookings, advertising channels, and the outstanding reputation that keeps both locals and tourists coming back. While the lease is excellent, there may also be an opportunity to purchase the building. Whether you're an investor, chef, or restaurateur seeking a proven, profitable business in a vibrant Colorado mountain town, True Grit Caf is your chance to own a piece of Ridgways legacy.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T23:56:26.237.
www.destinationdro.com/homes/162480214
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123 N Lena Street Ridgway, CO 81432

  • Price: $350,000
  • Status: Active
  • On Site: 6 Days
  • MLS #: 822840
0
Beds
0
Baths
2
½ Baths
N/A
Acres
3,368
SQFT
$104
$/SQFT
Neighborhood:
Ridgway
County:
Ouray
Area:
Ridgway
Property Description
Looking for a thriving, turnkey restaurant for sale in Ridgway, Colorado? The iconic True Grit Caf is now available"a rare opportunity to own one of Ouray Countys longest-running and most beloved dining establishments. Operating continuously in the same prime location since 1985, this Western-themed restaurant is a local legend, drawing visitors year-round from Ridgway, Ouray, Telluride, Silverton, and beyond. Named in honor of the classic John Wayne film True Grit, which was famously filmed in the area, the caf blends Old West charm with modern comfort. The menu features a crowd-pleasing mix of Western comfort food favorites, including delicious steaks, elk burgers, chicken-fried steak, gourmet mac and cheese, fresh salads, hearty soups and chilis"and yes, even Rocky Mountain Oysters. The two-level dining space includes a warm, inviting interior with a towering stone fireplace and rustic wood-and-iron finishes, plus outdoor seating perfect for Ridgways sunny seasons. Designed specifically as a restaurant by artisan builder Ted Meows, the building offers a seamless layout with a well-equipped kitchen, walk-in coolers and freezers, generous storage, and dedicated staff areas. This sale includes everything: the business name, furnishings, commercial kitchen equipment, historic memorabilia, menus, future bookings, advertising channels, and the outstanding reputation that keeps both locals and tourists coming back. While the lease is excellent, there may also be an opportunity to purchase the building. Whether you're an investor, chef, or restaurateur seeking a proven, profitable business in a vibrant Colorado mountain town, True Grit Caf is your chance to own a piece of Ridgways legacy.
Exterior Features

Carport No Lot Dimension 0.00 Parking PavedOn Street20 + Total Spaces Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water PublicTap Installed Paid Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 3368 Furn Fixt Equip All Included in Purchase Main Sq Ft 1767 One Quarter Baths 0 Total Offices 1 Upper Sq Ft 1041

Property Features

Books Available Yes Cam No Covenants NO Current Business True Grit Cafe Current Use RestaurantSaloon Desc Of Business Tavern and Restaurant Documents On File Equipment ListLeasesProfit/Loss Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included Yes Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeMixed-UseRestaurant Railroad Siding Spur No Real Estate For Sale No Reo Lender Owned No Tax Year 2024 Total Taxes 0 Type Business Opp Available Water Rights No Year Started 1985 Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T23:56:26.237.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_822840-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_822840-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_2_822840-2.jpg
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of United Country Sneffels Realty: 970-626-3555.